Tetra Tech Awarded $20 Million in Contracts From the U.S. Coast Guard
PASADENA, Calif.--June 20, 2002--Tetra Tech announced today that it was awarded two new contracts from the U.S. Coast Guard with a combined contract ceiling of $20 million to provide consulting and engineering services. Tetra Tech's broad range of services under the contracts will help improve port security and coastal water quality, and assist other missions for which the Coast Guard is responsible.These indefinite delivery/indefinite quantity contracts have $12.5 million and $7.5 million ceilings, respectively, and will be used to support activities within the Coast Guard's Cleveland and Providence Engineering Units. The contracts can be used within the 36 states making up the Coast Guard Atlantic Area. Both have five-year durations, and expand Tetra Tech's technical scope, previous contracting capacity, and length of contract with the Coast Guard.
Tetra Tech has successfully performed three consecutive technical support contracts for the Coast Guard since 1993.
About the U.S Coast Guard (www.uscg.mil)
The Coast Guard is charged with supporting five missions for the United States: maritime safety, maritime mobility, maritime security, national defense, and the protection of natural resources.
About Tetra Tech (www.tetratech.com)
Tetra Tech is a leading provider of specialized management consulting and technical services in three principal business areas: resource management, infrastructure and communications. The Company's clients include a diverse base of public and private sector organizations served by more than 7,000 employees located in the United States and internationally.
Certain statements contained in this news release are forward-looking statements that involve risks and uncertainties, such as those related to the Company's acquisition strategy and the fluctuations in the Company's quarterly operating results and stock price, and the other risks detailed from time to time in the Company's SEC reports.